5508 Upper Mill Ter
Frederick, MD 21703
3 bd 2 ba 1,240 sqft Built 1999 Lot 2,000 sqft townhomes
Most recent sale
$331,400
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $331,400 | MLS #MDFR2018656 |
| May 20, 2022 | Price changed | $324,900 | MLS #MDFR2018656 |
| May 12, 2022 | Listed | $349,000 | MLS #MDFR2018656 |
| Mar 23, 2018 | Sold | $225,000 | Public Record |
| Apr 29, 1999 | Sold | $120,415 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $213,000 | $80,000 | $293,000 | $3,635 |
| 2024 | $213,000 | $80,000 | $293,000 | $3,464 |
| 2022 | $180,500 | $70,000 | $250,500 | $2,997 |
| 2021 | — | — | $242,333 | $2,928 |
| 2020 | — | — | $234,167 | $2,808 |
| 2019 | $163,000 | $63,000 | $226,000 | $2,713 |
| 2018 | $163,000 | $63,000 | $226,000 | $2,737 |
| 2017 | $163,000 | $63,000 | $226,000 | $2,713 |
| 2016 | $164,200 | $63,000 | $227,200 | $2,727 |
| 2015 | — | — | $218,133 | $2,645 |
| 2014 | $137,000 | $63,000 | $200,000 | $2,440 |
| 2013 | $137,000 | $63,000 | $200,000 | $2,616 |
| 2012 | — | — | $217,300 | $2,520 |
| 2011 | — | — | $217,300 | $2,544 |
| 2010 | — | — | $282,880 | $2,397 |
Property facts
Year built
1999
Property type
townhomes
Stories
3
Beds
3
Baths
2
Living area
1,240 sqft
Lot size
2,000 sqft
ZIP code
21703
City
Frederick
Street
Upper Mill Ter
Coordinates
39.38242, -77.41983
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,860
Gross rental yield
6.74%
Implied cap rate
4.38%
Trend-extrapolated value
—
Frequently asked questions
When did 5508 Upper Mill Ter last sell?
5508 Upper Mill Ter most recently sold on Jul 29, 2022 for $331,400.
What is the current tax assessment for 5508 Upper Mill Ter?
The most recent total assessment for 5508 Upper Mill Ter (year 2025) is $293,000 with $3,635 in property tax.
How does 5508 Upper Mill Ter's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $331,400.
When was 5508 Upper Mill Ter built?
5508 Upper Mill Ter was built in 1999.
How does 5508 Upper Mill Ter compare to others on Upper Mill Ter?
We track 8 other properties on Upper Mill Ter. Browse the list under "Other properties on Upper Mill Ter" to compare beds, baths, and sale history.
What are the property facts for 5508 Upper Mill Ter?
5508 Upper Mill Ter is a 3 bed, 2 bath, 1,240 sqft, 2,000 sqft lot townhomes.
Is 5508 Upper Mill Ter a flip candidate?
No — 5508 Upper Mill Ter does not appear in our flips dataset.
Is 5508 Upper Mill Ter a tax-appeal candidate?
No — 5508 Upper Mill Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$447.3K
2026 Q4
$449.5K
ZIP 21703 — Median Price History + Forecast
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Geography
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